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20121201
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
is the creation of health care exchanges. now, let me explain. these aca exchanges are online marketplaces. in short, websites. the idea is to force insurance companies to play by the same rules and compete for a large pool of customers resulting in less expensive premiums for everyone. here's how it works. let's say you're one of the 50 million people in in country without health care. you're looking to get yourself covered. you'd log on to your state's exchange or call a hotline number. the goal is to shop around for whatever plan works best for you and your family. if you are living at 138% to 400% of the poverty line, that is a family of four living off an annual income of $31,809 to $92,200, then you are eligible for government money to subsidize the cost of your premium. if you're above that level, you don't get the federal subsidy. the law requires every state to have a place for people to shop for coverage. there are three options on how they are created and operated. >> first, states can set up and run their own exchanges or if they're not quite ready to tackle is on their own, st
'll see a cut to health care. the -- plan to actually put the aca into place simply cannot go through with this plan. so we're talking about real cuts to folks' real lives. that's an important point of what's going on. >> fair enough. really more down the road. you heard ben jealous worry about that. let me just ask you -- >> the aca is going to raise health care costs monumentally. >> that's not a budget -- >> yes it is. >> reduce costs for consumers and cut the budget deficit by 1 $180 billion. what's the base of your projection? you're pulling it out of the air. >> no, i'm not. the congressional budget office keeps making costs increase from what they originally projected. now that various individual plans and firms are costing out what they're going to have to do, you're saying far more firms are going to be not covering people. this plan was conceived in a way that didn't understand the economic consequences. >> just to the clarify, the aca, obama care. >> yes. the affordable care act. >> basically protects -- >> anything but protect patients or be affordable. it is orwellian. >
. analysts believe the generic drug makers could see a 40% jump in revenues once the a.c.a. is fully implemented. >> if you look at where a lot of companies are focused today, it is in the disease states that are relevant to an aging population. >> reporter: new drugs and new markets may help spark revenue growth, but the 10,000-pound gorilla is a newer category of products known as bio-similars, which are proteins made in living cells that are oftentimes used to treat cancer. they are a lot more difficult to copy but could also carry fatter profit margins. ruben ramirez, "n.b.r.," new york. >> susie: on wall street progress on the fiscal cliff negotiations srkedroad-based gains on wall street, helping the major indices close at post- election highs. the s&p 500 rally got going about an hour after the homebuilders confidence survey was released, moving higher for an eighth straight month. the s&p finished up 0.9%. trading volume picked up. 817 million shares moved on the big board, just over two billion traded on the nasdaq. nine of the ten major stock sectors were higher. energy and
venture with aca. you see the stock pop reopen. it was halted for trading. they are doing a joint venture in canada for space of land that could have up to 9 billion barrels ever oil or equivalent. they are paying a billion up front at close. another billion over four years. and they will invest 4 billion all for 49% stake. they have been doing this for a couple of years now and they continue. back to you, sue. >> thank you, brian. if the food fight in washington continues. house speaker john boehner saying the white house seems willing to slow walk our economy up to and over the fiscal cliff. senator reed telling mr. boehner he can't ignore the american people forever. so there they have it. live to capitol hill with one on one interview with representative maxine waters when we come back. [ male announcer ] you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price.
, of course, think obama care is terrible. if you're a shareholder in aca, or want to be one, you should be applauding obama care. i think this is a deal you probably want to be in. >> yeah, it is interesting, the for-profit hospital companies have done quite well under the affordable care act. >> just a quick note, trip adviser open for trade, up by 11%. as you mentioned, david, not as high as liberty is paying for the shares. but it sa nice close -- >> a real vote of confidence from john malone who runs liber liberty. >> again, trip adviser up to 59.5 right now. delta airlines buying a stake in virgin atlantic. the most interesting aspect of the story is the wager between richard branson and willy walsh, let's say it's below the belt. we'll have the details coming up next. and richard anderson, plus a gadget lover's delight for the holidays. a live interview with the ceo of brookstone. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, anal
Search Results 0 to 10 of about 11 (some duplicates have been removed)